TREND REMAINS DOWN FROM DEC. 2017 TO PRSENT SIDEWAYS TREND THROUGH IMPORTANT GANN ANGLES PRICE CAN EASILY GO UP TO 4500 OR DOWN TO 3000 WITH LITTLE NOTICE VOLATILITY WAY DOWN, SAME AS PRIOR PRICE FALLS BE SURE TO SEE MY PRIOR BITCOIN CHARTS DANIEL BRUNO, CHARTERED MARKET TECHNICIAN
Thoughts on potential Adam and eve bottom on BTC Futures?
CME's all gaps has been filled since 19k, let's see how much this one will take...
Big Bear Pennant - His claws getting ready, are you ready? Historically these never fail :) Now let's see how it unfolds once again expect a nice drop :)
Now on the dark side of the "moon" we can see our institutionals drawing a very interesting candle action - Nice & perfect shooting star - Money Flow Index Double Overbought = Always sell-off
From there we don't know - rejection at Green resistance looks like a fail
BTC looked like it was about to break down sub-$3k early this morning but we were pleasantly surprised We were trending sideways right on support and we got a strong volume breakout We blew straight up to the Monthly open, which was right under a supply zone We basically tagged that supply zone and have backed off so far We are consolidating at the...
Sell signal on 1 hr.. might signal some slight pullback. A good long entry would probably be the gaps down at 3375 and 3356.
BTC continues to show weakness as it cannot get a reaction from bulls We did create a new gap this week and almost filled it but it remains open We are currently breaking below support here and the next logical spot is a retest of the lows where a gap remains as well If we do not get a strong showing by the bulls then we could expect sub-$3k prices ...
Just food for thought.. found gaps on 1 or 2 hr charts.
I love these things. Extra reliable. It could be argued that price already "filled" with the wick and rejection but I believe price will return to $3400 quickly after dumping.
Just saying. these gaps have a bad habit of filling.